Quant Price Prediction: QNT/USD Yet to Break Above $157; it’s Time to Invest
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Quant Price Prediction – January 26
The Quant price prediction reveals that QNT drops to touch the daily low of $149.9 as the price dips for new buyers to surface.
QNT/USD Medium-term Trend: Bullish (1D Chart)
Key Levels:
Resistance levels: $180, $200, $220
Support levels: $130, $110, $90
QNT/USD is trading at $153.1 hovering above the 9-day and 21-day moving averages. According to the daily chart, sellers are likely to push the coin towards the south and this could allow new buyers to step into the market while the existing buyers are expected to buy more.
Quant Price Prediction: QNT/USD Retreats to Move Higher
The Quant price is inexpensive for more buyers to come into the market. However, the coin can drop more as the technical indicator Relative Strength Index (14) moves to cross below the 70-level, any further bearish movement could locate the support level at $130, $110, and $90.
Moreover, if the buyers can hold the support level of $150, pushing it higher can hit the previous resistance level of $157. However, any further bullish movement above the upper boundary of the channel may locate the resistance levels at $180, $200, and $220.
QNT/USD Medium-term Trend: Bullish (4H Chart)
On the 4-hour chart, the Quant price remains within the 9-day and 21-day moving averages, expecting new buyers to enter the market. Similarly, the existing buyers are to invest more as the coin dig dip.
From the upside, if the buyers push the price to the upside and cross above the upper boundary of the channel; higher resistance could be found at $170 and above. But, should the coin retreat and slide below the 21-day moving average, critical support can come at $140 and below, while the Relative Strength Index (14) stays below the 60-level, suggesting sideways movement.
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